NEWARK, DE / ACCESSWIRE / November 3, 2021 / EverGrow Coin, a project launched just 5 weeks ago, is changing the very face of crypto and the ramifications will be felt for many years to come. The project, devised by a group of respected and well-known professionals from the world of finance, blockchain, and marketing, brings together several unique and ingenious features which have set it apart from the crowd and led to EverGrow Coin being the fastest growing project in crypto history.
One of the most popular features of the contract is the fact that it pays Binance pegged US dollar rewards to all holders. Many similar projects pay rewards in the native token, but with EverGrow Coin, the contract automatically converts rewards into a stable currency and pays them to all holders. In just a few weeks the contract has paid out an eye-watering $18 million in rewards to holders. The benefit of this type of reward is that with other projects, you would have to sell your tokens to convert them into a viable, usable currency, and selling those tokens would be taxed by the contract. With EverGrow Coin you receive your BUSD rewards automatically, and they can be transferred out of your wallet and spent, or indeed used to buy more EverGrow or other cryptos.
Beyond this, as over half the originally issued tokens have been burned, and burned coins do not receive rewards, this means EverGrow Coin holders receive more than double the rewards of a similar coin. With these two factors combined, thousands of holders are taking to social media to share screenshots of their rewards, claiming them to generate a life-changing passive income.
Beyond this, the contract has several other innovative features. One of these is Buy Back & Burn, a feature that regularly buys EverGrow coins, which creates a price increase and then sends them to the burn address, which takes them out of circulation forever, further increasing the value of an investor's holdings.
The team behind EverGrow Coin is also aware of how important it is for a project to have true utility to provide long-term value and is launching several platforms in the coming weeks. These utilities include the world's first decentralized NFT lending platform. Built on BSC, the platform will allow NFT owners to readily borrow against their NFTs as collateral at fair interest rates without selling them. The team is also launching an NFT marketplace, play-to-earn games, and the world's first crypto-integrated creators' space, that many experts believe could rival OnlyFans.
On a recent investor call, Sam Kelly, the Chairman of EverGrow, explained how all these projects have been specifically designed to generate value for investors, rather than just the team behind the project:
"For every platform that goes live, the native currency will be EverGrow, and this means more volume, creating more USD rewards for our holders. Even when people choose to pay for our services using FIAT or other cryptos, we will use that revenue to buy EverGrow Coin, and we will burn it. This process will create rewards for our holders, and remove more EverGrow Coin from circulation, increasing the value of your existing holding. The team will not take a single penny of this revenue."
The EverGrow Team generates revenue in the same manner as EverGrow Investors generate income, via the rewards system that is based on daily trading volume. This means that unlike many projects, where the team can generate substantial revenue without directly benefitting holders, all activity carried out by EverGrow must first benefit the holders before the EverGrow Team can receive any income. This crucial element aligns with the needs of the Team and Investors and may explain why this project has taken on over 80,000 investors in just 5 weeks.
With a current market cap around one-fifth of that of Safemoon and over fifty times smaller than Dogecoin and Shiba Inu, many analysts are identifying EverGrow Coin as THE value investment in the cryptoverse for 2021.
You can find out more by joining one of EverGrow Coin's already very active communities:
Twitter - https://twitter.com/evergrowcoinEGC
Discord - https://discord.gg/P3DAFUzyYy
Telegram - https://t.me/evergrowcoin
Facebook - https://www.facebook.com/evergrowcoin/
Reddit - https://www.reddit.com/r/evergrowcoin/
Or visit www.evergrowcoin.com
Media Details
Company: EverGrow Coin
Email: [email protected]
Website: https://evergrowcoin.com
SOURCE: EverGrow Coin